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Rethinking macroeconomics : an introduction

The field of macroeconomics has always played host to contesting schools of thought, but the recent Global Financial Crisis has exacerbated those differences. In order to fully understand macroeconomics at the introductory level, students need to be aware of these controversies. Rethinking Macroecon...

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Dettagli Bibliografici
Autore principale: McDonald, John F.
Natura: Printed Book
Pubblicazione: London : Routledge, 2016.
Soggetti:
Sommario:
  • 1.Rethinking macroeconomics 2.Keynesian theory and policy 3.Keynesian theory after Keynes 4.The Monetarist school of thought and monetary policy rules 5.Real business cycles and supply-side economics 6.Austrian capital and business cycle theory 7.World War I and aftermath 8.Depression, war, and aftermath 9.The 1950s and 1960s: a time of economic growth 10.The years of stagflation 11.The great moderation 12.Financial crisis and deep recession 13.Conclusion: what approaches do people in authority use?.